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200005275' <br />interest. If any Trustor is a corporation, partnership or limited liability company, transfer also includes <br />any change in ownership of more than twenty -five percent (25 %) of the voting stock, partnership <br />interests or limited liability company interests, as the case may be, of Trustor. However, this option <br />shall not be exercised by Lender if such exercise is prohibited by federal law or by Nebraska law. <br />TAXES AND LIENS. The following provisions relating to the taxes and liens on the Property are part <br />of this Deed of Trust: <br />Payment. Trustor shall pay when due (and in all events prior to delinquency) all taxes, <br />special taxes, assessments, charges (including water and sewer), fines, and impositions <br />levied against or on account of the Property, and shall pay when due all claims for work <br />done on or for services rendered or materials furnished to the Property. Trustor shall <br />maintain the Property free of all liens having priority over or equal to the interest of <br />Lender under this Deed of Trust, except for the lien of taxes and assessments not due <br />and except as otherwise provided in this Deed of Trust. <br />Right to Contest. Trustor may withhold payment of any tax, assessment, or claim in <br />connection with a good faith dispute over the obligation to pay, so long as Lender's <br />interest in the Property is not jeopardized. If a lien arises or is filed as a result of <br />nonpayment, Trustor shall, within fifteen (15) days after the lien arises or, if a lien is <br />filed, within fifteen (15) days after Trustor has notice of the filing, secure the discharge <br />of the lien, or if requested by Lender, deposit with Lender cash or a sufficient corporate <br />surety bond or other security satisfactory to Lender in an amount sufficient to <br />discharge the lien plus any costs and attorneys' fees, or other charges that could <br />accrue as a result of a foreclosure or sale under the lien. In any contest, Trustor shall <br />defend itself and Lender and shall satisfy any adverse judgment before enforcement <br />against the Property. Trustor shall name Lender an additional obligee under any surety <br />bond furnished in the contest proceedings. <br />Evidence of Payment. Trustor shall upon demand furnish to Lender satisfactory <br />evidence of payment of the taxes or assessments and shall authorize the appropriate <br />governmental official to deliver to Lender at any time a written statement of the taxes <br />and assessments against the Property. <br />Notice of Construction. Trustor shall notify Lender at least fifteen (15) days before any <br />work is commenced, any services are furnished, or any materials are supplied to the <br />Property, if any mechanic's lien, materialmen's lien, or other lien could be asserted on <br />account of the work, services or materials. Trustor will upon request of Lender furnish <br />to Lender advance assurances satisfactory to Lender that Trustor can and will pay the <br />cost of such improvements. <br />PROPERTY DAMAGE INSURANCE. The following provisions relating to insuring the Property are a part <br />of this Deed of Trust: <br />Maintenance of Insurance. Trustor shall procure and maintain policies of fire insurance <br />with standard extended coverage endorsements on a replacement basis for the full <br />insurable value covering all Improvements on the Real Property in an amount sufficient <br />to avoid application of any coinsurance clause, and with a standard mortgage clause <br />in favor of Lender. Trustor shall also procure and maintain comprehensive general <br />liability insurance in such coverage amounts as Lender may request with Trustee and <br />Lender being named as additional insureds in such liability insurance policies. <br />Additionally, Trustor shall maintain such other insurance, including but not limited to <br />hazard, business interruption, and boiler insurance, as Lender may reasonably require. <br />Policies shall be written in form, amounts, coverages, and basis reasonably acceptable <br />to Lender and issued by a company or companies reasonably acceptable to Lender. <br />Trustor, upon request of Lender, will deliver to Lender from time to time the policies <br />or certificates of insurance in form satisfactory to Lender, including stipulations that <br />coverages will not be canceled or diminished without at least thirty (30) days prior <br />written notice to Lender. Each insurance policy also shall include an endorsement <br />providing that coverage in favor of Lender will not be impaired in any way by any act, <br />omission or default of Trustor or any other person. Should the Real Property be located <br />in an area designated by the Director of the Federal Emergency Management Agency <br />as a special flood hazard area, Trustor agrees to obtain and maintain Federal Flood <br />